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Old 06-23-2020, 05:47 PM   #1
Chevy55
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Default Re: Atco closing ?

My guess is the the lost revenue from Covid19 was just too much.

Taxes, utilities and insurance didn't stop and profit margin on a drag race facility is really minimal compared to the investment.
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Old 06-23-2020, 09:45 PM   #2
BILL TAYLOR
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Default Re: Atco closing ?

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Originally Posted by Chevy55 View Post
My guess is the the lost revenue from Covid19 was just too much.

Taxes, utilities and insurance didn't stop and profit margin on a drag race facility is really minimal compared to the investment.
Comrade Murphy strikes again. Isn't NJ the last state to reopen anything?
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Old 06-24-2020, 03:00 PM   #3
ken robinson
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Default Re: Atco closing ?

So putting it up for sale as a race track wasn't an option . There is no compromise . Nobody, not one person in the world would consider buying it as a race track . Really .....
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Old 06-24-2020, 05:09 PM   #4
John Kissel
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Default Re: Atco closing ?

Beleave it or not, but this place used to be an alright state to live in, 50+ years ago. Now it is just a lot of crooks,liars and down right theives.. John Kissel
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Old 06-24-2020, 06:48 PM   #5
Angelo DiTocco
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Default Re: Atco closing ?

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So putting it up for sale as a race track wasn't an option . There is no compromise . Nobody, not one person in the world would consider buying it as a race track . Really .....
My thoughts exactly.
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Old 06-24-2020, 06:57 PM   #6
B Parker
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Default Re: Atco closing ?

Does anyone know if it's up for sale or is there a sale pending on getting the use changed? It would be interesting to know what it would sell for. BP
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Old 06-24-2020, 07:17 PM   #7
Pete Lanciers
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Angry Re: Atco closing ?

Damn!

Some of you are aware, I'm a Jersey boy and grew up in the land of NED before the NAVY transplanted me in California in 79... I haven't even gotten over the demise of E-town, this **** breaks my heart!
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Old 06-24-2020, 07:57 PM   #8
HR9121
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Default Re: Atco closing ?

The way it's going up there all you guys will have to move south into D2 to race in a few years.
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Old 06-24-2020, 09:16 PM   #9
BILL TAYLOR
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Default Re: Atco closing ?

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Originally Posted by ken robinson View Post
So putting it up for sale as a race track wasn't an option . There is no compromise . Nobody, not one person in the world would consider buying it as a race track . Really .....
Has anyone been in contact with Dave Ley? I would think he would have the scoop. And where is Bill Bader? I would think Atco would be less $$$ than Maple Grove!
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Old 06-24-2020, 10:13 PM   #10
rognelson777
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Default Re: Atco closing ?

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Originally Posted by ken robinson View Post
So putting it up for sale as a race track wasn't an option . There is no compromise . Nobody, not one person in the world would consider buying it as a race track . Really .....
So from rumor that i heard there was another interested party, a drag racer , and when this businessman looked at the business model said it is not worth anywhere near what auction/junkyard is talking about.
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